home lenders refinance mortgage

January 26, 2012

Has anyone ever heard of a mortgage lender declining a loan because the home has geo thermal ?

Filed under: Home Lender — Tags: , , , , , , , , , — admin @ 11:05 am


Question by toots3320: Has anyone ever heard of a mortgage lender declining a loan because the home has geo thermal ?
Three days before closing on our property, the lender decided that they would decline the loan as they noticed in the appraisal (that they had possession of for 5 weeks) that the home has geo-thermal. Our real estate agent and mortgage broker were both surprised by this. Has anyone else had this experience?

Best answer:

Answer by libaki
Odd, I would have thought a geothermal system would be an assett.



Give your answer to this question below!

January 23, 2012

How can the appraised value of a home be ok with a mortgage lender yet be too high for a PMI company?

Filed under: Home Lender — Tags: , , , , , , — admin @ 11:05 am


Question by Stephen D: How can the appraised value of a home be ok with a mortgage lender yet be too high for a PMI company?
The conventional mortgage with 90% ltv for a home I am buying next week has been approved by the mortgage companioned based on the appraisal the mortgage lender sent away however the PMI company believes the home is worth about $ 15000 less than the appraiser says it is worth. What gives? If this breaks the deal can I get my money back for the appraisal? ($ 395) The home is in Pike county, PA

Best answer:

Answer by OldJimmy
In my experience you are generally not able to recover the cost of the appraisal. But I would contact the lender and ask them what the next step is. There are several MI companies out there so they may be able to obtain coverage from another.This victimised to be unusual, but with the gun-shyness caused by the appraisal frauds a couple of years ago this might happen more often.Since this might get you out of the sales undertake (unable to secure financing), you might see if the seller will come down some and perhaps you can come up with a little more down to get the down payment to 20%, thus not requiring PMI.



Add your own answer in the comments!

January 20, 2012

Learn How You Can Repair Bad Credit Loans,Home Loans,Credit Cards,Auto Loans,Dept Consolidation,Refinance,Mortgage,Education All Types Of Loans Of Any kind Visit Now And Get Approved In Second Guaranteed


Learn How You Can Repair Bad Credit Loans,Home Loans,Credit Cards,Auto Loans,Dept Consolidation,Refinance,Mortgage,Education All Types Of Loans Of Any kind Visit Now And Get Approved In Second GuaranteedDon’t let bad credit history hold you back from borrowing money for college. Learn how…


January 17, 2012

Mortgage Refinance Company Receives Top 5-Star Rating from TopConsumerReviews.com

Filed under: Refinance Mortgage — Tags: , , , , , , , — admin @ 11:05 am


Mortgage Refinance Company Receives Top 5-Star Rating from TopConsumerReviews.com

Overland Park, KS (PRWEB) January 03, 2012

TopConsumerReviews.com recently awarded their highest five-star rating to Lending Tree, a full service mortgage refinance company.

Refinancing a mortgage can save a family hundreds of dollars in mortgage payments each month. However, many people make the mistake of only talking to their local bank to discuss home refinancing. Local banks rarely offer the best rates available. Refinancing a home through an online refinance company, however, lets a person quickly find the best rate given their credit worthiness, loan size, and type. The best mortgage refinance companies allow several banks to compete for each loan, in order to find the lowest mortgage payment possible.

“Lending Tree is an one stop shop for mortgage refinance. Their strong reputation, expertise and years of served have helped thousands of customers successfully refinance their bonded,” explained Brian Dolezal, of TopConsumerReviews.com, LLC. “Lending Tree likewise provides the better website uncommitted for mortgage finance. You can find anything and everything you postulate to know about refinancing, as good as rapidly finding the better lender for your specific needs.”

To find away more about Lending Tree and other mortgage finance companies, including reviews and comparison rankings, delight visit the Mortgage Refinance category of TopConsumerReviews.com at http://www.topconsumerreviews.com/mortgage-finance.

About Lending Tree
Lending Tree is a free, no-obligation service that will empower you to take control of your financial life. They have the interactive tools, personalized advice and comprehensive resources you need to successfully manage your finances. If you’re looking for a loan, they can connect you with multiple lenders who’ll compete for your business and provide customized loan offers. If you need help with your finances, they have a powerful suite of tools and personalized advice to help you budget your money, get out of debt, and boost your savings. For all your financial decisions, Lending Tree can help you every step of the way.

About TopConsumerReviews.com
TopConsumerReviews.com is a star provider of independent reviews and rankings of hundreds of consumer products and services. From the best elliptical machines and home security systems, to the best payday loans and structure settlements, TopConsumerReviews.com delivers in-depth product evaluations in order to make your purchasing decision easier.

###


Attachments

Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.



January 14, 2012

Should I use my current lender when purchasing a new home?

Filed under: Home Lender — Tags: , , , , — admin @ 11:07 am


Question by Sean E: Should I use my current lender when purchasing a new home?
I have a current mortgage and am looking to pre-qualify for a new housing (selling my old one). Are there any advantages/disadvantages to using the same lender I got my first home through?

Best answer:

Answer by dezynor
Your current lender will have all of your necessary info and credit payment history easily at hand. It might be slightly easier to use them alternatively of starting out from scratch with a new lender. Of course if you have a friend at another lending institution they may be able to push things through as well. Note that all lenders are looking much more carefully at buyers credit and loan-to-value.



Know better? Leave your own answer in the comments!

January 11, 2012

Q&A: Buying a home and need a consultant for lender practices?

Filed under: Home Lender — Tags: , , , , , — admin @ 11:05 am


Question by Good Girl: Buying a home and need a consultant for lender practices?
We are uneasy with our lender we are using to purchase a new home. We don’t have anything on her but we want that extra guidance to watch every move our lender and underwriter makes during the process of purchasing the home. Who can we hire (pacifically) to monitor all actions by the lender to make sure that no lender laws are violated?

Best answer:

Answer by Steve D
First, you are never going to see what the underwriter does, unless they ask for more information from you. Second, you tin pretty much forget getting access to anything the loan officer does. Your best wager is to engage a real estate lawyer to review each piece of paper and request that comes through your hands – note that this can get expensive with the amount fo paperwork and contact you will have.



What do you think? Answer below!

January 8, 2012

Refinance: mortgage is 280K property value is only 230K. Do you know anyone who can refinance this?

Filed under: Refinance Mortgage — Tags: , , , , , , , , , — admin @ 11:06 am


Question by i w: Refinance: mortgage is 280K property value is only 230K. Do you know anyone who can refinance this?
The mortgage resets in another 2 months and the payment will go up about $ 500. Is their any plan to refinance this mortgage???

Best answer:

Answer by ritu w
Here is an excellent site with some wonderful options 4 U. Check it out……..http://lnk.in/56f2



Add your own answer in the comments!

Older Posts »

Powered by WordPress
mortgage loans | internet conferencing video web meeting | personal consumer credit report | credit fraud protection